More guns than a Tarantino movie.

Aideen: we’ve never voted for the investors

Dropping the players wages and getting relegated defeats the object, what with a load of less income in NL and a very expensive stadium to run.. Might as well go straight to administration.

That’s a very good question RK. But I think (IMHO) that’s the narrative we’ve been fed, and it’s misleading. The Bonds were to buy us time as a club to pay them back once the stadium was built. Now, we built the stadium and had covid and so it’s a little bit understandable why no progress has seemingly been made. But there are options. We managed to get a loan when we only had a shell of a ground. We have a built stadium now - interest would go up something like £20k a year if we refinanced. Not the end of the world, perhaps? The board don’t fancy setting up PLB3 but it could be done by others, perhaps? The whole unbalanced campaign makes it feel as through we have a gun to our head. But is that true? Or if we sold out and started using the money on nice shiny things, and continue to lose £1-2million a year and have to cover that somehow but have nothing to sell, is that when we’d really have a gun to our heads?

RK Non league then going bust.

Thanks Stu and agreed. And agreed Nick too - the strategy document is not a strategy it’s a menu with no identifiable substance or purpose to any of the options on it. It’s a very poor document and if the PLC/DTB/PLB team really want people to vote yes then they should have put far more emphasis on that.

Just going back to football for a moment... yesterday, after he scored his first, if you stop the clock until Barrow kick off again there were just 32 seconds of actual playing time between Stevens's two goals. They kicked off and gave the ball away to Johnson after 8 seconds. Stevens received Johnson's clearance and then there were passes to Maycock, Ogundere, Kelly, Neufville, Maycock, Kelly, Neufville and finally Stevens put the ball in the net. During those 24 seconds no Barrow player touched the ball. It was like that passage of 30+ passes at franchise but a lot quicker and with a goal at the end. So good to see :)

My question (to fans ...) would be "accepting that the lion's share of cuts would borne by the playing budget, what would be the reaction if we were to reduce it by £1m going forward, bearing in mind that we are presently 14/24 in L2 budget table?"

Really he whole 50.01% debate is a total distraction and waste of time- that’s what I found so frustrating about the “strategy document” released last week. There was a lot of stuff about how we could use the proceeds of such a sale to fund various nice to have projects, totally missing the point that the cash will just get eaten up by the losses (and really not make much of a dent in those). I don’t know if the DTB see the extent of the problem but don’t want to tell the members (as if they think that we are too stupid to see it for ourselves) or whether they simply don’t see it, either way it makes our governance look terrible.

The problem I have - quite aside from the bullshit campaign of misleading nonsense and at least one fib - is selling down doesn’t touch the sides of our losses. Sell down to 50.1 and then, erm, have nothing left to sell in two years (after another £4m in losses?) but the club/stadium. It’s a red herring imho. Shaves £200k in interest payments but leaves annual losses of £1-2m. And that’s before rainy day (covid or whatever). At which point, in the next year or two, we have to sell the club to whoever will take it, just to keep it alive. So I’ll be voting NO and very much looking to the finance bods to come up with a plan to stem the losses (not the whole ‘well let’s not have any players then’ stuff) and other ways to pay off the debt - sell the 6% to fans, enabling development etc. selling down now puts the club at risk imo

It was my question that wasn’t asked in full. My question was in response to James L saying that we should be proud of having the most amount of people voting since we started. My question started with me being disappointed that James was proud of the number of votes even if didn’t pass and also forgetting we have over 6k members now.

RK got a refund for the ticket bought online 3 weeks ago but the one bought in the club office only came yesterday.

LD - if we don't sell out we have to find a way of covering £2M+ of operating losses every year from either player sales or extra funding from the fans - how achievable is that? Either way we are in a very tricky position.

Eesh aideen I can’t remember it now I’m afraid. I just remember Stu (I think it was Stu D on here but could be a different Stu) sending a question in, it being asked in a different way and Stu flagging that in the chat. He was not pleased about it.

What was the question Trigger?

If we do sell out then we have to find a rich person who is willing and able to continually put in more money than other rich owners of clubs around us in the league or else we 'stagnate'. How achievable is this?

Well done Stu btw for not allowing the Asst Secretary to rephrase your question the other night. Shady shit should be shown up as they say in, well, my lounge right now.

RK.. yeah that’s the one. It’s not about him though, it’s about how we vote to approve (or not) the next one

Well quite, RK! How are we supposed to expect the big deals to be done well when we can’t get the basics right?

Galty's going to buy us out and charge fans £100 a Match day ticket 😂

Aideen, you mean Nick ROBERTSON net worth £150m in 2020

OI, agreed. Even the two ticks campaign “only” achieved 86%

The whole we get to vote yay or nay for the investor thing, I don’t trust that process. Admitedly cos I don’t know what the process will be. If it’s like all other DT resolutions (or indeed member ones) then the vote will be decided by the chair anyway who hold all the proxies and by directing the members how to vote Did we vote for Nick RObinson by the way? I don’t remember.

and what happened to the crowdfunding money organised by Doobs? Presume this is just shown as income to offset the pitch remedial work?

Has everyone received their Newcastle refunds? I got mine on Friday but they paid me twice (I will have to transfer back one of the refunds). They also only paid me the net amount exc the credit sitting in my account which i assume is now back in my account. Maybe